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Medford 02155 South Medford
38 Wright Ave
$382,000
● House - Off Market

38 Wright Ave

Medford, MA 02155
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,432 Ft²
$667,902
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model

About This Property

Charming 1920's Vintage look and curb appeal will immediately catch your eye. Its space and charm will make you feel right at home.. Filled with built in character including hardwood floors and natural wood work..Open floor plan  living room, dining room & adjacent kichen. This home is waiting for your personal touch to make it your own. Being sold AS IS , perfect for buyers looking to build some sweat equity or with bigger plans. Located within minutes of various schools, shopping, and dining centers, including the new Assembly Row/Station Landing and minutes from routes 93, 16 & 60
Unit Size
1,432 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$265
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71921104)

Price History

Date / Event Date Event Price
Dec 21, 2015 Sold
Premium
Sold
Oct 19, 2015 Listed by Prime Choice Real Estate $379,900
Listed by Prime Choice Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,275
  • Total Building Area: 1,301
  • Gross Building Area: 2,418
  • Building Area: 1,301
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,301
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000098
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medford School District
  • School Tax School District: MEDFORD SD
  • Census Tract: 339700

Geography

  • Account Number: 14651
  • Parcel: MEDF M:T-09 B:0067
  • Block: 67
  • Municipality: MEDFORD
  • Latitude: 42.4062
  • Longitude: -71.1066

    Address

  • Full Address: 38 Wright Ave
  • Address - House Number: 38
  • Address - Street Name: Wright
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Medford
  • Carrier Code: C029
  • 4-Digit Zip Code: 6112
  • Zip Code: 02155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $496,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 717,965
  • High Value: 846,119
  • Low Value: 589,812

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $574,000
  • Assessed Land Value: $295,600
  • Assessed Improvements Value: $278,400

    Sales

  • Current Sale Recording Date: Dec 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 216619
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Medford

Stats & Trends

Median Asking:

$982,000

Sale Price/ft²

$527

Below Asking

0.01%

Average Days on Market

61

Average Home Size

5407 ft²

Average Home Age

83.1 years

Currently For Sale

27 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 205 Walden St, Cambridge, MA, 02140

$3,218 /mo

  • 1 Bed
  • 1 Bath
  • 625 ft²
205 Walden St #The Seville, Cambridge, MA, 02140 Listing by Equity Residential
Unit for rent at 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71921104

Frequently Asked Questions

When was property at 38 Wright Avenue built and last sold?
The property at 38 Wright Avenue was built in 1920 and last sold on Jan 1, 1970 for $382,000.
How much is this home worth?
The estimated value of the home located at 38 Wright Avenue is $402,796.
What are some comparable homes to 38 Wright Avenue?
There are currently no comparable homes to 38 Wright Avenue.
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